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Hi Sathish, It is possible if you stay in budget accommodation and eat at local places. You can hire a scooter to go around or use public transport to commute that will save you loads of money. Read more about Indonesia in the trips attached below. Keep exploring!
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For 15 days and 40K with my experience I would say doesn't hold a chance even if you cut down on the best hotels. Your decent accommodation itself for 15 days will cost you around 25 to 30K. In addition to it vehicle to travel and see places, entry fees for all sight seeing places, lunch and dinner cost. So this budget for 15 days wont work. Hoping your budget excludes flight charges because two way for 1 Pax will come across 18K minimum.
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You can read this guide to make decisions on where u can save the money. https://www.balifastboats.com/how-to-travel-sustainably-in-bali-and-the-gili-islands/
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